*Article published and written by Mergers&Acquisitions. Chris Vanderzyden was a contributor to the article. First, says Wallace, it was flattering that buyers were interested in their growing business. But eventually, the ongoing barrage of inquiries became difficult to navigate. “As we received more solicitations, it was impossible to know who a worthy partner was,” Wallace […]
You’ve Got Mail! Private Equity Cold Call Surge Read More »
Expect the Unexpected: Prepare and Protect Your Business with an Exit Plan We’ve all heard the saying, “Life is what happens when we’re busy making other plans.” We never know what life is going to throw at us, and an unexpected event happens usually when we’re looking the other way. One of our clients, the
What Happens to Your Business If You’re Suddenly Gone? Read More »
One of the first questions clients ask before exiting their business is, “What do you think I can sell my business for?” Inevitably, this brings up a discussion about valuation and the use of multiples. How Multiples Work in Valuation The Multiple method of valuation uses a financial metric such as EBITDA (Earnings before Interest,
Why a Valuation Matters When Selling Your Business Read More »
Due diligence may be the most feared aspect of the merger and acquisition (M&A) process for business owners, and their concern is valid. The results of the due diligence assessment can make or break a transaction. During the due diligence process, the prospective buyer’s representatives (typically third-party accounting, environmental, insurance, etc., firms) gather financial, operational,
Deal Killers and How You Can Head Them Off Read More »
Every day, entrepreneurs like you take on significant risk, pouring your time, capital, expertise, and sweat equity into building a successful business, only to hand over a growing portion of your profits to Uncle Sam each year. And when you exit your business? That liquidity event will most likely be the largest tax bill you
You know the old saying, “Marry in haste, repent at leisure?” Dating back to 1693, it still stands the test of time—surprisingly, even in the mergers and acquisitions world. When selling your business, you may be tempted to accept the first attractive offer you receive. But relying on a single buyer can expose you to
VCI is the preeminent full lifecycle sales and service provider of emergency ambulance solutions to first aid squads, EMS organizations, fire departments, hospital organizations, municipalities, and private medical transport companies in the Mid-Atlantic Region. VCI was recapitalized by private equity firms Tightrope Capital Partners and NewSpring Capital.
DAK led a competitive, sell-side process for VCI, generating multiple offers from a wide range of strategic buyers and financial sponsors. By positioning the combination of VCI’s market leadership position, comprehensive services offering, strong manufacturer relationships, and robust backlog, DAK achieved an outstanding outcome for the company’s shareholders.
The acquisition provides the shareholders of VCI an opportunity to accelerate its growth strategy by expanding its core ambulance business, building out the value-added segments of conversions and remounts, implementing operational improvements, and pursuing acquisitions with the help of its new partners. Tightrope and NewSpring have an opportunity to leverage VCI’s strong management team and operating platform to build a multi-regional player in emergency ambulance solutions.
